Saturday, November 23, 2024

Category: Economy

RBI bans four NBFCs from giving loans: They were charging more interest than the rules, order will be effective from October 21

Reserve Bank of India i.e. RBI has stopped 4 non-banking finance companies (NBFCs) from making loan sanction and disbursement. RBI has taken action against Ashirwad Micro Finance Limited, Aarohan Financial Services...

Wipro Q2 profit at ₹3,209 crore: up 21% YoY; The company will also give one additional share in exchange for one.

IT service providing company Wipro has made a net profit of Rs 3,209 crore in the second quarter of the financial year 2024-25. There has been an increase of 21.3% on...

Hyundai Motor India's IPO total subscribed 2.37 times: Qualified institutional buyers made the highest bid, shares will be listed on October 22.

The IPO of Korean car manufacturer Hyundai Motor India was subscribed a total of 2.37 times on the last day. The issue was subscribed 0.50 times in the retail category, 6.97...

Infosys profits of ₹6,506 crore in July-September quarter: Revenue up 5% YoY to ₹40,986 crore; Company will give ₹21 dividend per share

India's second largest IT company Infosys has made a profit of Rs 6,506 crore in the second quarter of the financial year 2024-25. There has been an increase of 4.7% on...

Railway ticket booking will start 60 days in advance: Currently starts 120 days before the journey, new rules will be applicable from November 1

Indian Railways has changed the rules of advance ticket booking. Earlier ticket booking used to start 120 days before the journey, now it has been reduced to 60 days. The new...

Nestle India profits at ₹986.4 crore in July-September quarter: up 8.6% YoY, revenue at ₹5,104 crore; Shares fell 13% this year

Nestle India, a company making consumer goods like Maggi, chocolate, coffee, has made a profit of Rs 986.4 crore in the second quarter of the financial year 2024-25. There has been...

Noel Tata can be the third nominated member of Tata Trust: Decision expected in the board meeting today, was appointed chairman last week.

Noel is Naval Tata's son from his second wife Simone.Tata Trust's new chairman Noel Tata is likely to join the board of Tata Sons as the third nominated member of Tata...

Gold at new record level of ₹ 76,713: So far this year, it has become costlier by ₹ 13,361, can go up to ₹...

Gold has reached its all-time high today i.e. on 17th October. According to India Bullion and Jewelers Association (IBJA), the price of 10 grams of 24 carat gold increased by Rs...

Bajaj Auto shares fell 8% after weak results: It gave 106% return in the last 1 year, company's profit increased by 9%

After the results of the second quarter of the financial year 2024-25, today i.e. on October 17, Bajaj Auto shares have fallen by more than 8%. This decline is being seen...

Sensex falls by more than 300 points: It is trading at the level of 81,100, metal and auto shares slip.

A decline is being seen in the stock market today i.e. on 17th October. Sensex is trading at the level of 81,100 with a fall of more than 300 points. Nifty...

Gold at all-time high of ₹76,553: Dearness allowance of central employees increased by 3%; MSP on wheat increased by ₹ 150, price ₹ 2,425...

Yesterday's big news was related to gold. Gold reached its all-time high. The price of 10 grams 24 carat gold increased by Rs 623 to Rs 76,553. At the same time,...

Starlink will provide satellite broadband services in India: Government will not give spectrum through auction, Reliance-Airtel had demanded this; Musk had protested

The Government has decided to administratively allocate Satellite Communication (Satcom) spectrum. Earlier, Reliance Chairman Mukesh Ambani and Airtel Chairman Sunil Bharti Mittal had asked the government to allocate spectrum through auction.On...

Bajaj Auto profits at ₹2,005 crore in July-September quarter: up 9% YoY, revenue up 22% at ₹13,127 crore; Shares rose 129% in one year

Automobile company Bajaj Auto has made a net profit (standalone net profit) of Rs 2,005 crore in the second quarter of the financial year 2024-25. There has been an increase of...

BEML will make the country's first indigenous bullet train: Contract worth ₹ 867 crore, rotating chair and onboard infotainment system will be available; Delivery...

BEML, a company that manufactures equipment used in railways, defence, transport and mining, will make the coaches of the first indigenous bullet train. The company has got a contract worth Rs...

MSP on wheat increased by ₹ 150, price ₹ 2,425 quintal: Mustard-oilseeds increased by ₹ 300; Increase in gram, lentils, barley and safflower also

The central government on Wednesday, October 16 increased the minimum support price (MSP) of 6 Rabi crops. The highest increase was made in mustard and oilseeds by Rs 300.Wheat price was...
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